Insights
Cumberland Advisors Market Commentary offers insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies. Our readers appreciate its timeliness, depth of analysis, and quality of research.
Author(s): Gabriel Hament | Thu December 21, 2017
The question of what investments are suitable for funds held in trust for the benefit of private persons or corporations is a topic that has engaged the legal and financial communities for centuries. In the United States, the legal framework defining the manner in which funds held in trust for a…
Author(s): David R. Kotok | Wed December 20, 2017
Recent changes in US policies toward Cuba have reinvigorated debate over US-Cuba relations. How will these revised policies affect American business, trade, and travel, as well as the well-being of the Cuban people? What does the future hold?
Author(s): Robert Eisenbeis, Ph.D. | Wed December 20, 2017
The FOMC delivered on the expected 25-basis-point increase in its target range for the federal funds rate and has penciled in three more rate hikes for 2018. Of course, all of this future activity is “data-dependent.” How likely is it that the data will justify those three rate hikes, and what…
Author(s): John R. Mousseau, CFA | Tue December 19, 2017
The most recent tax-reform agreement between the US House of Representatives and US Senate is less hurtful to municipal bonds than initially expected. Here are some points.
Author(s): David R. Kotok | Sat December 16, 2017
Our chief monetary economist, Bob Eisenbeis discussed the Fed with Chris Whalen this week. Below, we reproduce the entire interview courtesy of Chris and The Institutional Risk Analyst.
David R. Kotok Chairman and Chief Investment Officer Email | Bio
Author(s): David R. Kotok | Fri December 15, 2017
The last quarter of 2017 revealed continued bullish momentum in the US stock market and ongoing increases in earnings of US public companies. Through the middle of December, the market made progressive new index highs. Rotation among sectors finally took some steam from the “FAANMG” stocks.…
Author(s): David R. Kotok | Wed December 6, 2017
We thank readers for their thoughtful comments regarding our discussion entitled "Tax Bill & Shrinkage Tantrum." For those who may have missed it, here is the link: http://www.cumber.com/tax-bill-shrinkage-tantrum/.
Author(s): David R. Kotok | Sun December 3, 2017
The Congressional Budget Office (CBO) scoring of the tax bill was released at 8:49 PM on Friday night, and this link will take you to it: https://www.cbo.gov/system/files/115th-congress-2017-2018/costestimate/53362-summarysenatereconciliation.pdf.
Author(s): Robert Eisenbeis, Ph.D. | Sat December 2, 2017
Marvin Goodfriend’s nomination represents what will be a welcomed and outstanding addition to a depleted Board of Governors of the Federal Reserve System.[1] He brings a lot to the table. First, he is a first-rate economist with a truly international reputation.
Author(s): David R. Kotok | Fri December 1, 2017
[caption id="" align="aligncenter" width="480"] Richard Yamarone sings Folsom Prison Blues[/caption]